Seized tanker will go to U.S. port, Trump administration intends ‘to seize the oil’

Seized tanker will go to U.S. port, Trump administration intends ‘to seize the oil’

U.S. forces abseil onto an oil tanker during a raid described by U.S. Attorney General Pam Bondi as its seizure by the United States off the coast of Venezuela, Dec. 10, 2025, in a still image from video. U.S. Attorney General | Via Reuters The White House said Thursday that a large crude oil tanker … Read more

‘Spoof’ ship: Seized oil tanker Skipper hid location data, visited Iran and Venezuela

‘Spoof’ ship: Seized oil tanker Skipper hid location data, visited Iran and Venezuela

Skipper port calls in 2025 MarineTraffic The big crude oil tanker that U.S. forces seized Wednesday off the coast of Venezuela since 2024 has shown a “clear pattern” of spoofing its location to hide where it actually was, according to a leading energy consulting firm. And data suggests that the Guyana-flagged tanker identified as Skippe” … Read more

GOP lawmakers seek Trump aid for agricultural equipment after tariff pressure

GOP lawmakers seek Trump aid for agricultural equipment after tariff pressure

A Deere & Co. tractor in front of the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 8, 2025. Michael Nagle | Bloomberg | Getty Images Republican lawmakers are appealing to President Donald Trump for more farm relief and aid for agricultural equipment manufacturers amid his tariff blitz, even as the … Read more

Swiss government says new 15% U.S. tariff ceiling retroactive to mid-November

Swiss government says new 15% U.S. tariff ceiling retroactive to mid-November

Oleksii Liskonih | Istock | Getty Images The Swiss government said on Wednesday that a previously announced agreement to reduce U.S. tariffs on that country’s imports to a ceiling of 15% will apply retroactively to Nov. 14. The deal reached last month slashed the 39% tariff on imports from Switzerland that President Donald Trump imposed … Read more

Trump trade rep changes China soybean purchase timeline, cites ‘discrepancy’

Trump trade rep changes China soybean purchase timeline, cites ‘discrepancy’

US Trade Representative Jamieson Greer testifies during a US Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies hearing on 2026 funding priorities, on Capitol Hill in Washington, DC, Dec. 9, 2025. Saul Loeb | AFP | Getty Images U.S. Trade Representative Jamieson Greer told a Senate Appropriations subcommittee on Tuesday that the deadline … Read more

China is buying U.S. soybeans again — but falling short of goal set by Trump trade agreement

China is buying U.S. soybeans again — but falling short of goal set by Trump trade agreement

China has resumed buying U.S. soybeans, but still lags goals set by a trade agreement with President Donald Trump, an NBC News analysis found. China previously was a top buyer of U.S. soybeans, but last spring stopped purchasing American soybeans because of a trade war launched by Trump. The country resumed purchasing soybeans in October … Read more

Trump trade war shift away from Chinese manufacturing has reached tipping point

Trump trade war shift away from Chinese manufacturing has reached tipping point

A container is offloaded from the Wanhai 175 cargo ship at the Tan Vu Terminal, operated by Vietnam Maritime Corp., at Haiphong Port in Haiphong, Vietnam, on Wednesday, Jan. 15, 2025. Bloomberg | Bloomberg | Getty Images The proportion of volume from suppliers in China, Hong Kong, and Korea has declined from 90% to 50% over … Read more

Costco adds Biden Commerce Sec. Gina Raimondo to board on heels of Trump tariff lawsuit

Costco adds Biden Commerce Sec. Gina Raimondo to board on heels of Trump tariff lawsuit

US Commerce Secretary Gina Raimondo speaks on the first day of the Democratic National Convention (DNC) at the United Center in Chicago, Illinois, on August 19, 2024. Mandel Ngan | AFP | Getty Images Read more CNBC politics coverage “We are very pleased to nominate Secretary Raimondo for election to our Board,” Costco Chairman Tony … Read more

Bessent says Trump admin will be able to replicate tariffs even if it loses Supreme Court decision

Bessent says Trump admin will be able to replicate tariffs even if it loses Supreme Court decision

NEW YORK — Treasury Secretary Scott Bessent on Wednesday predicted that the administration still will be able to implement its tariff agenda regardless of whether it prevails in a pending case before the Supreme Court. Repeating assertions he had made prior to the high court hearing a month ago, Bessent cited several sections of 1962 … Read more

Bad jobs report caused by shutdown, deportations — not tariffs, Lutnick says

Bad jobs report caused by shutdown, deportations — not tariffs, Lutnick says

Commerce Secretary Howard Lutnick on Wednesday denied that the Trump administration’s tariff policies were to blame after a new report showed a surprise drop in private payrolls in November. Instead, Lutnick argued on CNBC’s “Squawk on the Street” that the government shutdown temporarily slowed small-business activity. He added that the federal efforts to enact mass … Read more